JPMorgan Chase & Co. $JPM Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC trimmed its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 13.7% during the third quarter, Holdings Channel reports. The institutional investor owned 112,777 shares of the financial services provider’s stock after selling 17,885 shares during the period. JPMorgan Chase & Co. makes up 0.8% of Valeo Financial Advisors LLC’s portfolio, making the stock its 24th biggest holding. Valeo Financial Advisors LLC’s holdings in JPMorgan Chase & Co. were worth $37,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in JPMorgan Chase & Co. by 15.8% in the first quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider’s stock valued at $19,314,681,000 after purchasing an additional 8,941,351 shares during the period. Ascentis Wealth Management LLC increased its holdings in shares of JPMorgan Chase & Co. by 32,672.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 4,647,071 shares of the financial services provider’s stock worth $1,521,126,000 after buying an additional 4,632,891 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of JPMorgan Chase & Co. in the 2nd quarter worth $1,274,097,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in JPMorgan Chase & Co. by 31.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,944,004 shares of the financial services provider’s stock valued at $2,042,648,000 after acquiring an additional 1,662,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its position in JPMorgan Chase & Co. by 22.9% during the second quarter. Canada Pension Plan Investment Board now owns 8,020,990 shares of the financial services provider’s stock valued at $2,625,511,000 after acquiring an additional 1,496,676 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock.

JPMorgan Chase & Co. Stock Up 0.3%

NYSE:JPM traded up $0.96 during trading hours on Thursday, hitting $330.54. The stock had a trading volume of 3,915,547 shares, compared to its average volume of 9,207,759. The company has a market cap of $878.65 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 1.36 and a beta of 1.02. The business has a 50 day simple moving average of $351.12 and a two-hundred day simple moving average of $328.32. JPMorgan Chase & Co. has a 1-year low of $279.10 and a 1-year high of $366.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.30.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating the consensus estimate of $5.59 by $0.55. The business had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.96 earnings per share. Analysts predict that JPMorgan Chase & Co. will post 24.16 EPS for the current year.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be given a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, October 6th. This is an increase from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. JPMorgan Chase & Co.’s dividend payout ratio is currently 28.28%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by corporate insiders.

Key Headlines Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Strong Q3 earnings expectations: Analysts anticipate solid revenue growth and continued momentum across JPMorgan’s banking businesses. The prior quarter already exceeded consensus estimates, and investors are watching whether investment banking, trading and net interest income can sustain that performance. JPMorgan Q3 Earnings Preview
• Positive Sentiment: Dividend growth reinforces the investment case: JPMorgan recently raised its dividend by 10%, signaling confidence in earnings power and capital generation. The increase appears manageable relative to the bank’s profitability and could appeal to income-focused investors. JPMorgan Dividend Increase
• Positive Sentiment: Analyst coverage offers upside: TD Cowen initiated coverage with a “hold” rating but set a $370 price target, implying meaningful upside from recent trading levels. The neutral rating suggests the target is balanced against valuation and execution risks.
• Positive Sentiment: Business expansion continues: Chase is adding payroll services to its business-banking platform, potentially deepening relationships with small and midsize businesses and creating additional fee revenue opportunities. Chase Adds Payroll
• Neutral Sentiment: Leadership change in Germany: Eleni Skoura will lead Chase’s Germany business, succeeding Daniel Llano Manibardo. The appointment may support European expansion, but no immediate financial impact was disclosed. JPMorgan Appoints Chase Germany Head
• Negative Sentiment: Higher long-term yields are a risk: JPMorgan strategists warn that sharply rising 30-year Treasury yields could pressure markets, reduce bond values and weigh on small- and mid-cap borrowers. Broader market volatility could also affect deal activity and credit conditions. JPMorgan Warns on Rising Yields
• Negative Sentiment: Risks ahead of earnings: Elevated expenses, potential credit deterioration and JPMorgan’s relatively high valuation could limit upside even if headline earnings beat expectations. The U.S. housing market’s affordability problems may also weigh on mortgage activity and consumer credit. JPMorgan Shares Before Q3 Earnings

Analysts Set New Price Targets

Several brokerages have commented on JPM. Citigroup upped their price target on JPMorgan Chase & Co. from $325.00 to $360.00 and gave the stock a “neutral” rating in a research note on Monday, July 20th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $418.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, July 14th. Robert W. Baird boosted their target price on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. TD Cowen assumed coverage on shares of JPMorgan Chase & Co. in a report on Thursday. They issued a “hold” rating and a $370.00 price target on the stock. Finally, Truist Financial lifted their price target on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a “hold” rating in a research report on Wednesday, July 15th. Fifteen research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $362.88.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, investment banking, asset management, private banking, commercial banking, consumer lending and payment services to individuals, businesses, institutions and governments.

The company operates through major business areas that include Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management. Its products and services include deposit accounts, credit cards, mortgages, auto loans, business financing, investment and advisory services, securities trading and custody, payment processing, and wealth-management solutions.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across international markets.